The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-06-06
PETITIONS FOR INCoRPoRATIoN

| STATE OF GEORGIA, CHATHAM COUNTY. TO
| y the Honorable the Superior Court OF said
| County The petition of ]. II. ESTILL, s. I.
| j. c. ROWLAND, HENRY BLUM, JOHN J. NC
| DONOUGH, LAWRENCE LIPPMAN. A. VETS
BURG and j. p. WILLIAMS respectfully shows
That they desire for themselves and for such
| other persons as may hereafter be associated
with them. to be incorporated under the name
and style Of ''TYBEE BEACH COMPANY"
Tint the object Of this association and the
principal business II proposes 10 carry on is to
| buy, sell, lease and manage real estate and TO
| improve same on Tybee Island and esewhere
| to build, lease, operate or conduct wharves
| warehouses, break-waters, pavilions hotels
needed or incident to its business;
TO own, hire, conduct and manage tugs
steamboats,, lighters and other vessels and craft
do a general ghterag eand towage business; TO
| lay out, open, grade or pave streets, parks and
| squares OF such towns and villages as said COM
| pany may see fit TO open lay out on said
| Tybee Island or elsewhere; to construct lease
| or operator water works, gas works and electric
light works for its Use or the use OF the public
and TO make donations of its property for pur.
poses OF encouraging improvements ON said
Tybee Island or elsewhere on It's property; and
| TO do all other acts and things that may be Incl
| dent to the purpose OF improving said island and
other property of said company, and 10 foster
| ing the general business Of this corporation.
That the amount of the capital to be employed
| by said corporation will be the sum OF one hun
dfed Thousand tSlOO,OOOl dollars, divided iIlt0
| shares of one hundred dollars each, which sum
| Is 10 be paid In, With the privilege Of increasing
said capital stock from time TO time In the dis
erection of the Board of Directors Of said corpora
! ton, TO any sum not exceeding $500,0O0 and Of
| decreasing same, similarly; TO any sum, not
| below said first named sum. to.vit: the sum of
| 100000
Your petitioners further show that the princi-
| pal Office and place of doing business Of said
corporation will be in the city OF Savannah. said
State and county, and that they desire to be In
| corporated for the term of twenty go years,
with the privilege of renewal at the
end of that time; with power 10
| buy, receive, convey, own, have, lease,
or transfer property, real and personal, and TO
| improve same; 10 sell, lease, or mortgage lands
and buildings, and TO reinvest In same at pleas
ure; TO own, build use, lease and occupy such
buildings and other property as may be neces-
sary for its said business; to have a corporate
seal; TO borrow money, 10 secure same by deed,
mortgage, or otherwise and TO issue obligations
| therefor; TO make BYLAWS not inconsistent with
the laws Of the land; 20 contract and b. con
tracted with 10 sue and be sued, in and by said
corporate name; to take deeds mortgages or
pledges of real and personal property as securi-
~ for DEBT, and TO transfer, assign. cancel and
fOIecosc same; and to have and enjoy. and
exercise all other corporate powers and priv
leges incident to private coFDorations for bust
ness purposes under the laws Of Georgia.
Wherefore, your petitioners pray that they
and their associates and Successors may be in
corporated for the purposes aforesaid IN the
name and for the term aforesaid, and with all the
corporate rights, powers and privileges afOre-
said and with all the powers aud privileges incl
dent 70 corporations or conferred upon them,
under the laws of the state OF Georgia.
And your petitioners will ever pray, etc.
GARRARD e MELDRlM.
Petitioners Attorneys
Filed in Office and recorded this 18th day Of
May, 1887. JAMES X. r.. CARR,
Deputy Clerk s. G. G. G.